Your Future. Our Passion. Thriving Businesses... into the Next Generation!

Platinum Group offers a confidential place for small, mid-sized and family business owners to share their dreams, challenges and struggles. We understand the stress and uncertainty of many business owners, which make it difficult to move while hesitant.

First, we listen; then we thoughtfully and strategically respond. Together, we focus on the outcomes that will move your company forward – to thrive into the next generation – based on desired goals. In the process, our business owner clients see where they want to go more clearly, gain more confidence and get a better night’s sleep. Our Core Values and Mission (Meaningful Capitalism™) guide business owner relationships to ensure we do the right thing – always.

Top-line growth, improved cash flow and greater operating efficiencies are common objectives of business owners seeking to move forward. What’s your next growth milestone to enhance your business value?

Three questions often occur simultaneously or in rapid succession due to the unique nature and specific needs of every family owned business. Expectations, hopes and dreams can frequently clash among even the most loving family members, especially between the generations.

There's a common question asked at our monthly Owner Transition Forum since 2008. After all, the future of your company is at stake. What’s next for you is equally important. Without a vision, there is no satisfying future.

Even a well-established business with a history of profits can encounter bumps in the road or need to fight fires. Taking quick action when challenging indicators pop up can be a stimulus for healthy changes and improved performance for both short-term and long-term success.

Featured Case Study

Potential Bankruptcy Averted During Cash and Credit Crisis

How Platinum led a manufacturer’s quick return to profitability

Situation: A Midwest manufacturer with $45 million in revenue and employer to more than 200 employees suffered a severe decline in productivity from a failed equipment/infrastructure upgrade. Orders were delayed and key customers moved production to alternate suppliers. Cash flow suffered while the company posted significant and recurring losses. The company spoke with bankruptcy counsel to begin a court-supervised reorganization... MORE

Platinum in the News  

  • Platinum Group is unveiling its new brand identity and web site to create a more compelling connection with owners of privately held and family businesses. A new tagline “Your Future. Our Passion” emotionally engages the Platinum Group with the future of the owner’s company and personal life. Platinum’s focus is dedication to achieving each owner’s personal and professional goals. The firm’s new brand identity combines bolder colors and a sense MORE

Platinum in the Community    

  • Platinum’s Dale Kurschner was elected in January to the Excelsior City Council after serving on the city’s Planning Commission for one and one-half years. He ran for election based on his positive experiences on that commission as well as appreciation for the passion of those who live in a town of a mere 2,600 population — with only about 1200 single-family dwellings and apartments making up more than 60 percent MORE

Published by Platinum  

  • “Any succession plan needs to start with a clearly defined core purpose, with the specifics of the plan building outward from that center,” writes Platinum’s Tom Hubler in a recent blog post. “Many succession plans by (otherwise successful) entrepreneurs start and stop with the notion of saving money on estate taxes as they transfer their wealth down to the next generation. Important as this may be as a tangible goal, MORE

Platinum Event  

  • The Platinum Owner Transition Forum offers fresh perspectives from other family business owners’ experiences. These monthly breakfast roundtables offer insights and open dialog around real owner stories in a confidential setting. Please contact Steve Coleman at Steve.Coleman@thePlatinumGrp.com or 612-270-4327 to join the conversation!

Featured Case Study

Transition Case Study

Communication is the Foundation for Successful Transition

A family owned services business had grown from one site and local clients to more than a dozen locations and hundreds of employees. The founder’s vision had been strong and effective in drawing skilled managers and service professionals into the business. Over more than a quarter century, the business flourished. After the founder died, a son and niece became co-owners of the company. Their balanced partnership of outreach and sound management led to growth in size, reputation, number of employees, client acquisition, and revenues. The legacy of service and hard work produced significant value in the company. Yet, as outside interests began to take a larger share of energy for one of the co-owners, tensions grew. Concerned about the possibility of intra-family litigation, an advisor to the owners suggested that Platinum Group might be able to help find options to move ahead.

Read how Platinum guided a successful succession through family communications.

Business Advice

Top-line growth, improved cash flow and greater operating efficiencies are common objectives of business owners seeking to move forward. What’s your next growth milestone to enhance your business value?

MORE

Family Business

Three questions often occur simultaneously or in rapid succession due to the unique nature and specific needs of every family owned business. Expectations, hopes and dreams can frequently clash among even the most loving family members, especially between the generations.

MORE

Business Transition

There's a common question asked at our monthly Owner Transition Forum since 2008. After all, the future of your company is at stake. What’s next for you is equally important. Without a vision, there is no satisfying future.

MORE

Business Turnaround

Even a well-established business with a history of profits can encounter bumps in the road or need to fight fires. Taking quick action when challenging indicators pop up can be a stimulus for healthy changes and improved performance for both short-term and long-term success.

MORE

Explore Best Practices for Your Business at November 14 Event

Business leaders often talk about “best practices” — but it’s rare that they sit down and really explore how to make better business decisions that could propel their business forward. That’s why Platinum Group is offering a half-day Best Practices Conference, along with sponsor partners Fredrikson & Byron, P.A. and ACG Minnesota. The idea is to inform by example to deliver three outcomes: clarity where there is confusion, direction where there is indecision and confidence where there is doubt.

November 14, 2018
7:30 AM – 1:00 PM

Fredrikson & Byron
200 South Sixth Street, Suite 4000
Minneapolis, MN

Speakers include:

  • Deluxe Corp. CEO Lee Schram on how he transformed a hurting business into an industry leader;
  • Steinwall Inc. owner Maureen Steinwall on knowledge capture and sharing in a manufacturing environment;
  • Minneapolis Federal Reserve's RonWirtz on the state of our local economy;
  • Real Avid owners Howard and Julie Tripp on how they’ve successfully grown a business and remained happily married for the last 30 years;
  • Platinum Group’s Bill English on Platinum’s Top 10 best practices for business owners and leaders; and
  • Communications strategist DaleKurschner on gaining media coverage you want, and managing the type you don’t.

Tickets are going fast and you can register by clicking here.

HOPE TO SEE YOU THERE!

Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo.

Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt.

Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem.

Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.

Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. Nemo enim ipsam voluptatem quia voluptas sit aut odit aut fugit, sed quia magni.

Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porrovolu ptas quisquam est, qui dolorem ipsumv olup tatem.